Collaborating with over 750 composers, artists and producers from across the globe, we’ve built a world-class catalogue of original music spanning every conceivable style, mood and instrumentation. And while we’ve grown a lot since starting out in 2001, we still focus on our customers and these three core values: The highest quality music We only record with the best, authentic musicians and composers at the top recording facilities in the world. Simple pricing and licensing All of our music is pre-cleared for multiple platforms, worldwide, forever. We liberate music for content creators around the world, so whether you're making a YouTube video or a blockbuster film, we've got a licence that works for you. Creativity Designed with creatives in mind, our music is used around the world by some of the media industry's biggest names: the BBC, National Geographic, Discovery and MTV. And with 1000 tracks added monthly, you'll always be able to find new music. Finding the track that expresses the mood you want to create in your work has never been easier. That’s what we call liberating music.
Type
Private
HQ
London, GB
Founded
2001
Size (employees)
197 (est)
Audio Network was founded in 2001 and is headquartered in London, GB
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Audio Network Office Locations

Audio Network has an office in London
London, GB (HQ)
54 St John's Square
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Audio Network Financials and Metrics

Summary Metrics

Founding Date

2001

Total Funding

$471 k

Latest funding size

$470.95 k

Time since last funding

13 years ago
Audio Network's latest funding round in January 2005 was reported to be $471 k. In total, Audio Network has raised $471 k

Audio Network Financials

Audio Network's revenue was reported to be £25.58 m in FY, 2017
GBP

Revenue (FY, 2017)

25.6 m

Gross profit (FY, 2017)

24.3 m

Gross profit margin (FY, 2017), %

95%

Net income (FY, 2017)

6.4 m

EBITDA (FY, 2017)

8.9 m

EBIT (FY, 2017)

7.9 m

Cash (4-Feb-2018)

6.5 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

2.2 m3.2 m4.2 m6 m8.9 m12 m14.8 m17.7 m20.5 m25.6 m

Revenue growth, %

20%16%

Cost of goods sold

81.8 k109.2 k113.3 k217.6 k383.9 k569.2 k543.4 k733.6 k958.8 k1.3 m

Gross profit

2.1 m3.1 m4.1 m5.8 m8.5 m11.4 m14.2 m16.9 m19.6 m24.3 m
GBPFY, 2008FY, 2009FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

531 k999.6 k1.2 m1.6 m2.6 m3.8 m4.6 m5 m5.1 m6.4 m

Cash From Operating Activities

339.5 k703.2 k1.2 m1.6 m2.9 m4.4 m5.4 m5.5 m6.1 m7.8 m

Dividends Paid

565.4 k1.1 m1.6 m2.8 m2 m2 m2 m2 m

Cash From Financing Activities

39.6 k46.1 k(414.8 k)94 k158.1 k144.6 k(265 k)(515.6 k)(67.4 k)(298.2 k)
GBPY, 2017

Revenue/Employee

142.3 k

Financial Leverage

1.5 x
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